Small Business Loans for Auto Repair Shops

Successfully running an auto repair shop requires hard work and dedication. And often, it also requires capital to keep the business running smoothly. Loans can help small businesses like auto repair shops attain the funding necessary to continue thriving. Learn more about the positive impact of small business loans, specifically equipment financing, on the growth and success of auto repair shops.

Auto Repair Shop Equipment Financing

Equipment financing can provide auto repair shops funding for the equipment and machinery necessary to operate and grow. Auto repair shops need various assets to complete their jobs properly, including:

·         Automotive lifts

·         Diagnostic tools

·         Tire changers

·         Wheel balancers

·         Wheel alignment machines

·         Brake lathes

·         Air conditioning service equipment

·         Engine analyzers

·         Battery testers and chargers

·         Fluid exchange equipment

o   Transmission

o   Coolant

o   Power steering

·         Welding equipment

·         Spray booths and paint equipment

·         Air compressors

·         Battery jump starters

·         Shop presses

·         Parts washers

·         Exhaust extraction systems

·         Shop vacuums

·         Hand tools

o   Wrenches

o   Sockets

o   Screwdrivers

·         Specialized tools for specific vehicle makes and models

Contact us today to learn how Fairway Funding can match your auto repair shop with trusted lenders.